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Straco Corporation Limited • Annual Report 2014
“Maximum Price” in relation to a Share to be purchased, means an amount (excluding brokerage, stamp duties, applicable goods and services
tax and other related expenses) not exceeding:
(i)
in the case of a Market Purchase: 105% of the Average Closing Price
(ii)
in the case of an Off-Market Purchase: 120% of the Average Closing Price
where:
“Average Closing Price” means the average of the closing market prices of a Share over the last five (5) market days, on which transactions in
the Shares were recorded, preceding the day of the Market Purchase, and deemed to be adjusted for any corporate action that occurs after
such five-day market period; and,
(d)
any of the Directors of the Company be and are hereby authorised to complete and do all such acts and things (including without limitation, to
execute all such documents as may be required and to approve any amendments, alterations or modifications to any documents), as they or he
may consider desirable, expedient or necessary to give effect to the transactions contemplated by this Resolution.”
(Resolution 10)
(See Explanatory Note 2)
9.
To transact any other ordinary business which may be properly transacted at an Annual General Meeting.
BY ORDER OF THE BOARD
Lotus Isabella Lim Mei Hua
Company Secretary
14 April 2015
NOTICE OF ANNUAL GENERAL MEETING
